Latest Commercial Auto Headlines

All the headlines from our Commercial Auto Topic Page, ordered by recency.

Commercial Insurance Prices Were Up Only Slightly in Q4

Mar 13 2018 // Prices for overall commercial insurance lines in the U.S. inched upward in the fourth quarter of 2017, although workers’ compensation and directors and officers liability prices actually declined and commercial auto...

Liberty Mutual Net Income Fell in 2017 Due to Catastrophes, Commercial Auto, Taxes

Feb 28 2018 // Liberty Mutual reported $17 million in net income for 2017, down substantially from more than $1 billion in 2016. The insurer pointed to catastrophe losses, adverse development in its commercial automobile business and a...

Man Convicted of Murder-for-Hire Scheme in Delaware

Feb 5 2018 // A man has been convicted in a murder-for-hire scheme in Delaware.The state’s justice department says a jury has convicted Ryan Shover of York, Penn., of first-degree murder and other charges in the 2013 slaying of...

Still an Uphill Climb for Commercial Auto Market

Feb 5 2018 // The difficult job of moving commercial auto insurance to a profitable place has not gotten any easier.More vehicles on the road thanks to a rebounding economy, more miles driven, distracted drivers and...

Commercial Automobile Remains Sore Spot in P/C: A.M. Best

Jan 19 2018 // The performance of the commercial automobile segment continued to deteriorate through third quarter 2017, according to a new A.M. Best report.Commercial auto has been a sore spot in the property/casualty for several years....

GM Seeks OK for Self-Driving Commercial Vehicle Without Steering Wheel for 2019

Jan 12 2018 // General Motors Co. is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing...

EU Ruling Upholding Taxi Rules for Uber a Contrast to U.S. Approach

Dec 22 2017 // A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden U.S. cities to restrict the...

EU Court Rules Uber Should Be Regulated as Transport Firm, Not an App

Dec 20 2017 // Uber Technologies Inc. suffered a defeat when the European Union’s top court ruled its ride-hailing service should be regulated as a transport company, a decision that could set a precedent for the burgeoning gig...

Self-Driving Delivery Cars, Robot Taxis ‘Will Be Ready to Roll’ in 2018

Dec 5 2017 // Self-driving vehicles will be ready to roll next year, though the work to make them affordable to individual consumers is still “in the first inning,” according to the CEO of a company working on the...

GM Plans Fleets of Autonomous Robo-Taxis by 2019

Dec 1 2017 // General Motors Co. laid out its vision for self-driving vehicles on Thursday, telling investors it planned a commercial launch of fleets of fully autonomous robo-taxis in multiple dense urban environments in 2019, in a...

Chinese Startup Develops ‘Taxi Drone’ with Plans for 2018 Rollout

Nov 29 2017 // A Chinese startup has developed a flying car that it plans to roll out as soon as next year.EHang Inc.’s E-184 drone can carry one passenger in its small cockpit, but the firm says it’s working on a model that...

How Cabbies Are Morphing Into Hybrid Taxi-Ridesharing Firms

Nov 8 2017 // Taxi companies across the U.S. waged a bitter, high-profile battle to keep Uber Technologies Inc. and Lyft Inc. from bringing the sharing economy to cabs.They lost. Now the cabbies are adopting a...

ASC to Acquire Forestry Insurance Co. of the Southeast’s Commercial Auto Book

Nov 6 2017 // Accredited Surety and Casualty Company, Inc. (ASC), a subsidiary of Randall & Quilter (R&Q), has entered into an agreement with Forestry Insurance Company of the Southeast to acquire its commercial auto book of...

Investors in Litigation Financing Target Commercial Auto

Oct 31 2017 // Investor-funded litigation is not new but it is expanding its reach in commercial auto cases, according to experts in the field.Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend...

Fighting Drivers of Commercial Auto Frequency, Severity

Oct 20 2017 // Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit this week...

Vegas Risk Management Summit Tackled Commercial Auto, Workers’ Comp And More

Oct 16 2017 // One factor driving continuously dismal commercial auto insurance losses is a spate of “nuclear cases” that are plaguing the industry with multi-million lawsuits.The amount of money and resources being put into...

Texas’ QEO Group to Write Commercial Auto with Clear Blue Insurance Group

Oct 12 2017 // Irving, Texas-based QEO Group LLC (QEO) and Clear Blue Financial Holdings LLC (Clear Blue), headquartered in North Carolina, have agreed to a long-term, exclusive relationship for QEO to write its commercial automobile...

Starr Cos. Now Offers Commercial Auto Coverages in Canada

Oct 11 2017 // Starr Cos. announced it has introduced commercial primary auto coverages in all provinces and territories in Canada. “This allows Starr to better support our primary general liability accounts by offering commercial...

Starr Adds Commercial Auto Coverage for Aviation Insureds

Oct 5 2017 // Starr Companies has added commercial auto coverage for aviation insureds. Auto coverage is available on an ‘any auto’ basis for fleets owned by companies operating in the aviation industry when purchased along...

After Deadly New York Crash, Schumer Seeks Charter Bus Safety Grades

Oct 2 2017 // U.S. Sen. Charles Schumer says charter bus companies should be graded for safety and the grades should be posted the way New York City posts restaurant letter grades.The New York Democrat says letter grades for bus safety...